FCP012 – Paper vs Plastic (Credit Cards vs Cash)

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Welcome back to the Financial Conversation Podcast!

Hey everyone! In this week’s episode of the podcast, we discuss the pros and cons of credit cards vs cash, AKA Paper vs Plastic.  There are a lot of factors to consider when choosing how you will pay for goods and services. 

Choosing  how to spend your money is your choice. We offer our insight covering issues such as ease of use/abuse of your credit card, having cash “burn a hole in your pocket”, and also benefits of both types of purchase options.

It's a battle for how to pay: credit cards vs cash. Which is easier to spend, which is easier to track, and which one do we prefer using? Find out!

In this episode we discuss:

  • 1:15 – Which is easier to carry? Cash or Credit?
  • 2:25 – Gas station horror stories
  • 6:10 – Credit card ease of use
  • 12:00 – Security benefits of plastic
  • 16:30 – Cash benefits
  • 24:05 – Do you feel vulnerable with cash?
  • 28:00 – Conclusion and closing advice

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